Home / Investing / FACT: IF YOU BOUGHT BITCOIN FOR $10 ONLY 7 YEARS AGO, YOU WOULD OWN $2.7 MILLION NOW!

FACT: IF YOU BOUGHT BITCOIN FOR $10 ONLY 7 YEARS AGO, YOU WOULD OWN $2.7 MILLION NOW!

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Bitcoin increased almost 900,000 times in the last seven years alone. Hindsight is always 20/20.

We all have stories about things we thought about buying but didn’t, that have since gone up in value significantly. That flat in a low-value part of town that then became hip and is now worth 3 times more, or a cool new start up that felt like it would change the world and then did, but you didn’t get those shares in the end did you?

We all know that the incredible rise of Bitcoin and other Crypto-currencies has turned many ordinary people into millionaires.

In only seven years, Bitcoin’s value has multiplied incredibly. If you bought $10 worth of Bitcoin back in 2010 when it cost $0.06, you would own 143 Bitcoins, which are now worth around $19,000 each, or roughly $2,700,000 in total.

At first, only the geeks took notice of Bitcoin. No shops accepted it as a means of payment, governments hated it and kept reminding everyone about how it is used by gangsters, money launderers and hackers. With time, more and more business leaders like Bill Gates and Richard Branson embraced Crypto-currencies and people began to realize this was not a fad, but a new technology that would change the world.

The price began to rise as more people bought into the new gold rush – Since the beginning of 2017, the value of Bitcoin spiked after gaining more and more legitimacy by countries like Japan and even the once skeptical United States.

Despite what you may think, it is not too late to make money from Bitcoin.

Many experts believe a single Bitcoin will be worth $500,000 or more in five to seven years from today. The trick is to take only a small amount of what you own (say 1% or less) and invest it in Bitcoin. Instead of selling when the price goes up (or down), hold it and forget about it for at least 5 years. You will either lose one percent of your net worth (which will not bankrupt most people), or make millions in profit.

How do you invest a small amount of money in Bitcoin the smart way?

Click this link to register a free account in Etoro. Why Etoro? Because unlike other shady Bitcoin exchanges, they are regulated by CySEC and Britain’s Financial Conduct Authority so you can rest assured that your money is safe. eToro is also the world’s fastest growing and most energetic social trading platform and a brand you can trust.

When you’re dealing in unregulated Crypto-Currencies, it is much safer to buy Bitcoins with a regulated service.

Congratulations! You are now part of the community. If the price of the bitcoin rises – you can withdraw your money from eToro as cash… whenever you want.

Think about this – the most you can lose in the deal above is a few hundred dollars, but the profit you can make can be as high as $200,000 if the value of Bitcoin rises as expected. If you were to make the same deal seven years ago, that small amount of money you just invested would now be worth over $2,000,000. So ask yourself – Is this not a small risk worth taking?